Whitworth University

300 West Hawthorne Road, Spokane, WA  99251

www.whitworth.edu

Whitworth University (the “University” or “Whitworth”) is a private, residential, liberal-arts institution affiliated with the Presbyterian Church (U.S.A.). Since 1890, Whitworth has held fast to its founding mission of providing "an education of mind and heart" through rigorous intellectual inquiry guided by dedicated Christian scholars.

On July 1, 2007, Whitworth became Whitworth University to clarify its identity as a comprehensive liberal-arts institution with select graduate programs. Recognized as one of the top regional colleges and universities in the West, Whitworth University enrolls 2,600 students in more than 55 undergraduate and graduate degree programs.

Whitworth University's 200-acre campus of red-brick buildings and tall pines in Spokane, Washington offers a beautiful, inviting and secure learning environment. More than $60 million in campus improvements have been made recently, including several new and renovated academic buildings, an expanded athletics complex, and two new apartment-style residence halls. A new center for the visual arts opened in fall 2008, and plans are underway for a major addition to the science facilities.

The University has used the Authority for the issuance of seven financings with a total par value of $47,785,000. Whitworth has used the Authority’s Streamlined Tax-Exempt Placement (STEP) program twice. In 2002 the University used the prior Equipment Financing Program.

The University anticipates issuing refunding and revenue bonds in Fiscal Year 2010 to construct new campus facilities and refinance outstanding debt of the University.